“We greatly appreciate the President and First Lady Obama and the Vice President and Dr. Biden’s leadership on creating opportunity for veterans. It’s an important effort, and it’s making a difference.

“The private sector is stepping up for our heroes, just as they have stood for us. Every company in America has benefited from the service and sacrifice of our men and women in uniform. Sadly, too many of those who fought for us abroad now find themselves fighting for jobs at home.

“It’s up to us to right this – and to put our veterans back to work. And let’s be clear: hiring a veteran can be one of the best decisions any of us can make. Veterans bring to the private sector that seriousness and sense of purpose that the military instills. These are leaders with discipline, training, and a passion for service. Our nation has invested in their skills and it shows.

“So earlier this year, Walmart announced we will offer a job to any honorably discharged veteran within his or her first twelve months off active duty. We project that Walmart will hire and train more than 100,000 veterans over the next five years.

“Since then, we have been building the systems to launch this effort on Memorial Day. Today, I’m pleased to share we’ve set a goal of a 30 day hiring process for veterans seeking direct job placement 30 days from job application to job offer. And we believe the vast majority of applicants will be placed within 30 days.

“We’ve also been reaching out to other companies. When we announced our commitment, the First Lady’s team immediately expressed an interest in working with us and the entire business community to build on our pledge through the Joining Forces Initiative.

“To move this effort forward, I wrote to 50 CEOs in the U.S. to urge them to make hiring commitments of their own. And I’m proud that 43 of those companies joined us in March for a working meeting at the White House. I’d like to thank the Joining Forces Initiative, which has been a great partner in creating awareness and building momentum.

“I can also share today that we’re working with several other companies to create a talent exchange that will help veterans find the most appropriate job openings for them – no matter where they apply. We want to offer veterans the best range of opportunities across different industries and occupations should they need it.

“Through their service, veterans give us a land of freedom. I believe it’s our responsibility to give them a land of possibility when they return.”

About WalmartWal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our more than 10,800 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2013 sales of approximately $466 billion, Walmart employs more than 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visitinghttp://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmartnewsroom. Online merchandise sales are available athttp://www.walmart.com and http://www.samsclub.com. Reporter form link http://news.walmart.com/reporter